Vision, Mission, and Guiding Principles for SCUHS

FAFSA Results
After the federal processor has processed a student’s FAFSA, the student will receive a Student Aid report (SAR).
This summarizes the information on the student’s FAFSA and indicates the families’ Expected Family
Contribution (EFC), the amount the family is expected to contribute towards the student’s educational expenses
for the academic year. The Financial Aid Office will receive the FAFSA results as long as the student has listed
SCU on the FAFSA or SAR and the student has been officially admitted into a degree or certificate program at
SCU. The SCU school code is 001229.
Submit All Documents Requested to SCU’s Financial Aid Office
Financial aid cannot be awarded until a student’s financial aid file is complete. During the financial aid process
the student may be asked to submit additional paperwork in order to process financial aid. Failure to turn in all
requested documents to the Financial Aid Office by the deadline specified in the request may result in the loss of
financial aid for which the student may otherwise have been eligible.
A student may be selected for “verification.” This means the student has been selected by the federal
government to provide specific documents verifying income information, family size, or other supporting
documents.
When this occurs, the student will be notified on the Student Aid Report (SAR), and the Financial Aid Office will
send the student a written request or email notification to submit a completed verification worksheet a tax
transcript copy or tax transcript from the IRS, W-2’s, and other necessary documents. Additional documentation
(such as Selective Service or citizenship documents) may be requested to complete a student’s file. The
student’s file is not complete until all required documents, are properly filled out, and have been received by the
Financial Aid Office. Financial aid cannot be awarded until a student’s financial aid file is complete.
Types of Financial Assistance
Four types of aid are available to SCU students: direct loans, work-study employment, scholarships, and grants.
William D. Ford Federal Direct Loans
Direct Loans, from the William D. Ford Federal Direct Loan Program, are low-interest loans for eligible students
to help cover the cost of higher education. Eligible students borrow directly from the U.S. Department of
Education. For more detailed information about federal student loans, visit
https://studentaid.ed.gov/sa/types/loans.
Direct Subsidized Loans
Direct Subsidized Loans are for undergraduate students with financial need. The University will review the
results of the FAFSA and determine the amount a student can borrow. The amount may not exceed financial
need or annual or aggregate loan limits. Interest is paid by the U.S. Department of Education while the student is
enrolled in school at least half-time. Interest rates vary depending on when the loan is awarded.
Direct Unsubsidized Loans
Direct Unsubsidized Loans are available to undergraduate and graduate students. The student is not required to
demonstrate financial need to receive a Direct Unsubsidized Loan. Like subsidized loans, the University will
determine the amount a student can borrow. Interest accrues (accumulates) on an unsubsidized loan from the
time it is first paid out. The student can pay the interest while in school and during grace periods and deferment
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